Sun International Balance Sheet Health
Financial Health criteria checks 3/6
Sun International has a total shareholder equity of ZAR2.0B and total debt of ZAR6.5B, which brings its debt-to-equity ratio to 325.4%. Its total assets and total liabilities are ZAR13.6B and ZAR11.6B respectively. Sun International's EBIT is ZAR2.5B making its interest coverage ratio 3.9. It has cash and short-term investments of ZAR383.0M.
Key information
325.4%
Debt to equity ratio
R6.54b
Debt
| Interest coverage ratio | 3.9x |
| Cash | R383.00m |
| Equity | R2.01b |
| Total liabilities | R11.56b |
| Total assets | R13.57b |
Recent financial health updates
Recent updates
Sun International's (JSE:SUI) Dividend Will Be ZAR2.03
Mar 22
Does Sun International (JSE:SUI) Have A Healthy Balance Sheet?
Jun 27Shareholders Would Enjoy A Repeat Of Sun International's (JSE:SUI) Recent Growth In Returns
May 13The Strong Earnings Posted By Sun International (JSE:SUI) Are A Good Indication Of The Strength Of The Business
Mar 20Financial Position Analysis
Short Term Liabilities: SUI's short term assets (ZAR1.6B) do not cover its short term liabilities (ZAR4.5B).
Long Term Liabilities: SUI's short term assets (ZAR1.6B) do not cover its long term liabilities (ZAR7.0B).
Debt to Equity History and Analysis
Debt Level: SUI's net debt to equity ratio (306.3%) is considered high.
Reducing Debt: SUI's debt to equity ratio has reduced from 342.6% to 325.4% over the past 5 years.
Debt Coverage: SUI's debt is well covered by operating cash flow (49.2%).
Interest Coverage: SUI's interest payments on its debt are well covered by EBIT (3.9x coverage).